Club Mulgoa

Monday, August 15, 2011

MOY

Just before th market went awry, I bought MOY based on its cheap EV/ozAu valuation.

http://imagesignal.comsec.com.au/asxdata/20110810/pdf/01205897.pdf

And today, another article appeared.

http://www.proactiveinvestors.com.au/companies/news/18651/millennium-minerals-rm-research-places-buy-008-price-target-18651.html

I hope the article is correct as it would be nice to make money out of MOY as I had made a huge loss in the past. Hype does not equal gain but one can live optimistically!

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